Toronto Estonian House conditionally sold to DK Acquisitions, deal with Revera terminated
According to the International Estonian Centre press release today (July 28th), the Toronto Estonian House is now conditionally sold to DK Acquisitions Inc. The closing is expected in September 2020. No details about the owners or structure of the DK Acquisitions Inc were released, it was described as 'a very credible and experienced local development group'.
The Purchase Agreement with Revera was terminated. The terms were reported to be satisfactory to the Vendors, Estonian House and Estonian Foundation of Canada, although no details were released.
Update on Sale of Broadview Land Assembly July2020.pdfTeade_IEC Projekt 28_juuli 2020.pdf
